Commercial Aircraft FADEC Market Size

Statistics for the 2023 & 2024 Commercial Aircraft FADEC market size, created by Mordor Intelligence™ Industry Reports. Commercial Aircraft FADEC size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Commercial Aircraft FADEC Industry

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Commercial Aircraft FADEC Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.52 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration High

Major Players

Commercial Aircraft FADEC Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Commercial Aircraft FADEC Market Analysis

The commercial aircraft FADEC market was valued at USD 53.43 million in 2023 and is projected to reach USD 66.65 million by 2028 at a CAGR of 4.52% during the forecast period.

  • The market is driven by the increased focus on fuel efficiency and emission reduction regulations that have been imposed on a global scale. The market for commercial aircraft FADEC systems is also driven by the demand for new-generation aircraft in the commercial aviation industry. Increasing adoption rates of new technologies that enhance the engine's performance by offering better fuel efficiencies and engine health monitoring and providing protection against engine failures in out-of-tolerance operations are generating demand to produce new FADEC systems.
  • The advancements in FADEC technology also play a crucial role in enhancing aircraft performance and safety, further propelling the market growth. On the other hand, economic uncertainties, supply chain disruptions, and stringent regulatory requirements serve as restraints, influencing the market's path to recovery and expansion.

Commercial Aircraft FADEC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)